Errors and omission
Errors and omissions insurance helps protect you from lawsuits claiming you made a mistake in your professional services. This insurance can help cover your court costs or settlements, which can be very costly for your business to pay on its own.
What does it protect?
Errors in services given
Violation of good faith and fair dealing
Without errors and omissions insurance, the cost of liability claims can be so expensive that they could put your business at risk of closing.